Malaysia Airlines 1Q financial losses widen

Malaysia Airlines has posted a first-quarter net loss of MYR433 million ($138 million), 59% worse than the year-ago period.
The company said “tough operating conditions” and “negative sentiment” contributed to the widened losses. The airline is dealing with the effects of the loss of flight MH370, a Boeing 777, which disappeared during a routine flight in March and has not been located despite extensive and ongoing searches.
The majority of the 229 people on board ...